Tuesday, June 18, 2019

Ministry of Labor - hire/buy Lebanese?

"No one pushes your work but your compatriot" - so says the Ministry of Labor in Lebanon. This is a thinly veiled buy/hire Lebanese message, as to what prompted them to do that move - perhaps the super bad economy is the answer. With the rate of the economy, unemployment, businesses shutting down as it is, perhaps the ministry thinks that by encouraging people to hire/buy Lebanese the circle will open. Now here's a question? Who will hire when businesses are scraping by, and who will buy when there is certainly no liquidity in the market? If the solution was that easy, the situation would not have been so tough as it is.

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